Pyung Hwa Stock Forecast - Double Exponential Smoothing

Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for Pyung Hwa works best with periods where there are trends or seasonality.

Pyung Hwa Double Exponential Smoothing Price Forecast For the 2nd of December

Given 90 days horizon, the Double Exponential Smoothing forecasted value of Pyung Hwa Industrial on the next trading day is expected to be 903.00 with a mean absolute deviation of 7.64, mean absolute percentage error of 127.14, and the sum of the absolute errors of 451.00.

Pyung Hwa Stock Forecast Pattern

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Pyung Hwa Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Pyung Hwa stock data series using in forecasting. Note that when a statistical model is used to represent Pyung Hwa stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. When Pyung Hwa Industrial prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Pyung Hwa Industrial trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Pyung Hwa observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Pyung Hwa

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pyung Hwa Industrial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Hype Prediction Low Estimated High 901.88 903.00 904.12 Details

Intrinsic Valuation Low Real High 786.17 787.29 993.30 Details

Bollinger Band Projection (param) Low Middle High 900.30 910.90 921.50 Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pyung Hwa. Your research has to be compared to or analyzed against Pyung Hwa's peers to derive any actionable benefits. When done correctly, Pyung Hwa's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pyung Hwa Industrial.

Other Forecasting Options for Pyung Hwa

For every potential investor in Pyung, whether a beginner or expert, Pyung Hwa's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pyung Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pyung. Basic forecasting techniques help filter out the noise by identifying Pyung Hwa's price trends.

Pyung Hwa Related Equities

Risk & Return

Correlation

Pyung Hwa Industrial Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Pyung Hwa's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Pyung Hwa's current price.

Pyung Hwa Market Strength Events

Pyung Hwa Risk Indicators

Pair Trading with Pyung Hwa

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pyung Hwa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pyung Hwa will appreciate offsetting losses from the drop in the long position's value.

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